SHANGHAI (Reuters) – Profits from China’s industrial companies rose for the first time in six months in May, suggesting that the country’s economic recovery is gaining ground and improving prospects for manufacturing investment and jobs. Workers wearing face masks after the outbreak of coronavirus disease (COVID-19) load steel products for …
Read More »Carlyle buys a 20% stake in Piramal Pharma’s business
Passers-by walk in front of video monitors advertising the Carlyle Group listing on the NASDAQ market site in New York’s Times Square after the opening bell for trade, USA May 3, 2012. REUTERS / Keith Bedford / File Photo (Reuters) – United States-based Carlyle Group Inc has agreed to buy …
Read More »Oil stocks and increases despite growing cases of coronavirus
LONDON (Reuters) – Markets showed signs of optimism on Friday, with the opening of European stocks and rising oil prices despite a record number of new COVID-19 infections in the United States. FILE PHOTO: A man in a protective face mask walks past the London Stock Exchange Group building in …
Read More »Global stocks rise more, but virus fears keep optimism under control
SINGAPORE (Reuters) – Asian stock markets rose on Friday but are set to end a hectic week with only slight gains as rising coronavirus infections cast a shadow over encouraging economic data and verified hopes for a rapid global recovery. . FILE PHOTO: A man wearing a protective face mask, …
Read More »The IMF warns markets that they are at risk of being corrected after the escalation
FILE PHOTO: Traders Wear Masks While Working on the Floor of the New York Stock Exchange as the Outbreak of Coronavirus Disease (COVID-19) Continues in the Manhattan District of New York, USA, May 28 2020. REUTERS / Lucas Jackson / File Photo (Reuters) – Stock markets and other risky assets …
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